Downtown Boston condo inventory under $500,000 continues to tighten

December 5, 2011

As of December, the supply of available condominiums under $500,000 in downtown Boston is at a mere two months' supply. Upward pressure on pricing and the long and expensive development cycle in the downtown neighborhoods will continue to constrict inventory in this price segment. The $500,000 - $999,999 price segment is at a balanced four months' supply, while the $1 Million and over price segment is at a six months' supply.

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